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| Exchange Disseminated Time 28/07/2016 15:31:33 | Timken India Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on September 09, 2016.
Further, in order to facilitate smooth transition from Indian GAAP to Companies (Indian Accounting Standards) Rules, 2015 (Ind AS), SEBI vide circular dated July 05, 2016 allowed Companies to submit its financial results for quarter ended June 30, 2016 on or before September 14, 2016 as per Ind AS. In view of the above, Un-audited Financial Results of the Company for the quarter ended June 30, 2016 prepared in accordance with Ind AS will be considered for. approval at the aforesaid Board Meeting to be held on September 09, 2016.
A Board Meeting that has been scheduled earlier to be held on August 10, 2016 will take place as scheduled to consider and approve the other items of the agenda therefor.
Further, the trading window as described in "Code of Conduct to Regulate, Monitor and Report trading by insiders" of the Company will continue to remain closed for the purpose of declaration of financial results till expiry of 48 hours of publication of the Unaudited Financial Results of the Company to the stock exchanges after obtaining the approval of the Board of Directors thereon on September 09, 2016. |
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